New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-02-08
DOINGS OF TIE LEGISLATURE.
ACTION on THE SUBJECT OF CAPTIVATING.
MORE ROOM FOR CITY oFFICEs-TAXISG CAPITAL
STOCK OF CORPORATIONS.

/ MORE ROOM FOR CITY OFFlCES-lAAiSo Shif'AA
STOCK OF CORPORATIONS.
fBY TELEGRAPH TO THE TRIBUsEJ
ALBANY, Feb 7-scnator Fassett and Assembiyman
Hamilton introduced resolutions IN the Senate and Assem-
bly, tonight calling attention to the horrible railroad
accident Woodstock, Vt, and asking the RAILROAD
Commissioners to suggest legislation to com oil railroad
companies adopt safer heating apparatus for railroad
cars aboishing stoves The Assembly passed tile resoiu
tons by a unanimous vote.
Senator DAILY presented the bill authorizing the All
thorties of NewYork purchase land and construct
building the accommodation of City Departments now
without Offices sketch OF the design OF the city au-
thoriiics was given in yesterdays TRIBUNE Con-
tracts for the building TO be OF n
strict character, and the work OF construction
Is TO DO under control OF Commissioner Newton OF the
Department OF Public Works Senator DAILY said to night
New-York City pays 81 10000 yearly In rents OF
buildings occupied by municipal departments The act
makes the provision that the City Hall and the new Court
House shall not be moved touched. hope that the
new municipal building viii not be placed the City Hail
Park for It seems that should reserve every inch
OF ground now in it breathing spot for tho people
There are plenty outside OF the park that could be
used and the city Is rich enough to buy one II that Is
necessary"
The measure will give more Offices to the Register and
other county officers. No appropriation Is made In the
b but certain unexpended balances and funds In inc
city treasury may used Corporation Counsel Lacombe
that may be used of collected from the members OF
the Tweed ring.
Asssmblynan Bacon introduced resolution giving tho
Speaker power to appoint special committee OF hye to
investigate the charges male by rhe Grand Jury OF
BROOKLYN against several OF the city departments AS
sembly Langley, Of Brooklyn, Democrat, sad tnat
ne desired debate the resolution and its consideration
was postponed.
senator Plunkltt introduced bill directing that for
thirty years the per cent tax yearly levied
uoon The foreign fire insurance companies shall be pad 70
the trustees 0f the Exempt Flrcnens BeneVOloht uHu
The society receives all the insurance tax lund ana
desires To retain IL. bill recently introduced Dy'
Senator Dunham, providing that the fund should be ~
ylded Fortyye per cent to the Exempt firemens
Benevolent Fund, A. per cent TO the relief fund or the
Fire Department aud 10 per cent 10 to the Fire Patrol
The volunteer hremen are opposed TO this bill -
bill was Introduced lby Mr. Erwin proposing to bring
into the rolls the value OF the shares OF corporate
stock owned by taxpayers, deductng from such value
the proportouate part OF the assessed value OF all Tue
property personal OF the corporation wherever
situated. The machinery Of the bill requires each corpo
ration report 10 the state Controller annually lst OF
it, stockholders with the resienco and the holding OF
each. The Controller i. thereupon 70 dinns
nit u the county treasurer OF eacn county
Chamberlain in the City OF NewYorlO list OF all
such shareholders residing In such county also stating
report o the Controller In detail the assessed value OF all
Of s property from which that officer II to ascertain
RATIO which such value bears to the total value
OF all the shares of that corporation Such rao Is ais" 10
DE certified Ia the County Treasurer or Chamberlain 10y
the Controller The assessor In eaSh district i @
10 assess the shares owned Dy az persons utnins
therein at their true value. degucuhs t xnlne
from propodionate amount OF te Fm,u e
OF the eompanys property calculaed oo upon on
1.-THE ratio" fixed by the Controller and certified "
him To the County Treasurer Tho ol hppes 10 an
companies incorporated uuincorporated having cap
iial stock divided into shares ana 10 foreign
having Offices IN this eta" ne measure Vii ne s"p
ported by Mr. Erwin with an elaborate statement OF io
The Assembly debated for time Mr. Iowe's bin to
prevent stock watering The measure was atlac Ken ~
prise Mir. Howe areued that the great financial eH OF
the day stock watering. IL was the source III '
opinion Of the difficulties between labor and capital MI
Arnold expressed the opinion. The Assembly re-
soI' ~ consider the bal again.